DealBook Online

By JANET MORRISSEY, WILLIAM ALDEN, AZAM AHMED and MARK SCOTT

Published: July 20, 2012

CORRECTION APPENDED

TAKEOVER TARGET Since the Supreme Court upheld President Obama's transformative health care law last month, Wall Street has been wondering whether the decision would set off a fresh round of consolidation in the industry.

One analyst says the Centene Corporation, a health care services company run by Michael F. Neidorff, above, could be a takeover target. ''Centene could make a lot of sense to a strategic acquirer,'' Michael Wiederhorn, a senior analyst at Oppenheimer, wrote in a research note on Wednesday. JANE MORRISSEY

STRATEGIC MOVE The asset management subsidiary of the private equity firm Kohlberg Kravis Roberts is starting two mutual funds aimed at individual investors, departing from the buyout industry's practice of allowing only institutions and the wealthy to commit capital to deals.

The new funds will invest in high-yield bonds and other types of debt, according to documents filed with regulators on Wednesday. WILLIAM ALDEN

SPINOFF AND MERGER The specialty chemicals company PPG Industries will spin off a commodities unit and merge it with Georgia Gulf in a deal valued at about $2 billion, the companies announced on Thursday.

PPG is expected to receive $900 million in cash and $1 billion worth of Georgia Gulf shares. It will also assume $95 million in debt. Charles E. Bunch, above, PPG's chairman and chief executive, called the deal a ''major step in our strategic transformation.'' AZAM AHMED

TEAMING UP The private equity firm BC Partners and the Canada Pension Plan Investment Board, a pension fund, have agreed to buy the American cable operator Suddenlink Communications.

BC Partners and the fund said on Wednesday that they were teaming up with Suddenlink's management team to buy the cable company in a cash-and-debt deal worth around $6.6 billion. MARK SCOTT

nytimes.com/dealbook

PHOTOS

Correction: July 23, 2012, Monday

This article has been revised to reflect the following correction: Two pictures with the DealBook Online column on the DealBook page on Friday were reversed. The top picture, of Charles E. Bunch, chairman and chief executive of PPG Industries, should have appeared with the third report, about the pending spinoff of a PPG unit. The lower picture, of Michael P. Neidorff of Centene Corporation, should have appeared with the first report, about the potential for a takeover of that company.